This week is fEC week on the Blog! Each day we will be explaining a different element of fEC as a quick reference guide to help you prepare the budgets for your research proposals. Today’s focus is on Directly Incurred costs.
See Friday’s blog post (Introduction to full economic costing) for an explanation of what fEC actually is and why we use it to cost projects.
Step 1 – Directly incurred (DI) costs
Directly incurred (DI) costs are items or services which are incurred or purchased specifically for a project. Costs are charged to projects on actual cash value and are auditable in the financial accounts (e.g. supported by a supplier invoice). If the project didn’t go ahead then these costs would almost certainly not be incurred.
Care should be taken when identifying costs for inclusion as some costs, such as telephone, photocopying or stationery, will already be covered by the indirect cost charge. The CRE Operations team will be able to advise you on this.
You should consider whether the project requires the following DI costs:
- Fixed-term project staff (research assistants, research fellows, dedicated technicians or administrators)
- Travel, subsistence and conferences
- Equipment and consumables (purchased specifically for project)
- External consultancy fees
See tomorrow’s blog post on estimating staff time for the next exciting installment of fEC!




Next week is
In essence, fEC is a national, standardised costing method that provides a forecast of the full cost of undertaking a research project.



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